Eclipse Resources Corporation June 15th Short Interest Update

Eclipse Resources Corporation (NYSE:ECR) has shown a drop of 12.8% or 1,018,360 shares in the short positions. The bets have increased to 6,945,649 shares on June 15,2016 from 7,964,009 shares on May 31,2016. With respect to the floated shares, the shorts are 15.1%. The days to cover are calculated to be 7, using the standard per day volume of 1,035,183 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Eclipse Resources Corporation (NYSE:ECR): The stock opened at $4.00 on Friday but the bulls could not build on the opening and the stock topped out at $4.33 for the day. The stock traded down to $3.78 during the day, due to lack of any buying support eventually closed down at $4.23 with a loss of -2.08% for the day. The stock had closed at $4.32 on the previous day. The total traded volume was 2,078,636 shares.

The company shares have dropped -17.22% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $5.35 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $3.20 and the 200 Day Moving Average price is recorded at $1.86.

Eclipse Resources Corporation (NYSE:ECR) has climbed 5.49% in the past week and advanced 60.84% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.24% and the outperformance has advanced to 65.7% for the last 4 weeks period.

Eclipse Resources Corporation (Eclipse) is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. It has assembled an acreage position approximating 221,700 net acres in Eastern Ohio. Approximately 100,700 of its net acres are located in the Utica Shale fairway, which it refers to as the Utica Core Area, and approximately 27,250 of these net acres are also prospective for the area of the Marcellus Shale in Eastern Ohio within what it refers to as its Marcellus Project Area. The Company is the operator of approximately 85% of its net acreage within the Utica Core Area and its Marcellus Project Area. Eclipse has identified approximately 3,112 gross (810 net) remaining horizontal drilling locations across its acreage, which comprises 605 locations within the Utica Core Area and 205 locations within its Marcellus Project Area.

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